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RigNet (RigNet) Intrinsic Value: Projected FCF : $0.00 (As of Apr. 26, 2024)


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What is RigNet Intrinsic Value: Projected FCF?

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2024-04-26), RigNet's Intrinsic Value: Projected FCF is $0.00. The stock price of RigNet is $9.60. Therefore, RigNet's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.

The historical rank and industry rank for RigNet's Intrinsic Value: Projected FCF or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of RigNet was 10.64. The lowest was 0.00. And the median was 2.88.

RNET's Price-to-Projected-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 0.85
* Ranked among companies with meaningful Price-to-Projected-FCF only.

RigNet Intrinsic Value: Projected FCF Historical Data

The historical data trend for RigNet's Intrinsic Value: Projected FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RigNet Intrinsic Value: Projected FCF Chart

RigNet Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.17 8.81 4.55 0.52 -

RigNet Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Intrinsic Value: Projected FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 -1.18 -1.72 -0.32 -

Competitive Comparison of RigNet's Intrinsic Value: Projected FCF

For the Oil & Gas Equipment & Services subindustry, RigNet's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RigNet's Price-to-Projected-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, RigNet's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where RigNet's Price-to-Projected-FCF falls into.



RigNet Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get RigNet's Free Cash Flow(6 year avg) = $-0.09.

RigNet's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec20)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*-0.094240000000001+1.157*0.8)/17.160
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RigNet  (NAS:RNET) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

RigNet's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=9.60/0.0016551320277542
=5,800.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RigNet Intrinsic Value: Projected FCF Related Terms

Thank you for viewing the detailed overview of RigNet's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


RigNet (RigNet) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » RigNet Inc (NAS:RNET) » Definitions » Intrinsic Value: Projected FCF
Traded in Other Exchanges
N/A
Address
15115 Park Row Boulevard, Suite 300, Houston, TX, USA, 77084-4947
RigNet Inc operates as a technology company that provides customized communications services, applications, real-time machine learning, and cybersecurity solutions. It operates through the following segments: The Managed Communications Services segment provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; The Applications and Internet-of-Things segment focuses on the applications over-the-top of the Managed Services segment including Supervisory Control and Data Acquisition (SCADA) and Software as a Service (SaaS); The Systems Integration segment gives design and implementation services for customer telecommunications systems.
Executives
Brendan Sullivan officer: CTO/CIO 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084
Steven Edward Pickett director, officer: Chief Executive Officer 1880 S. DAIRY ASHFORD, SUITE 300 HOUSTON TX 77077
Kevin C. Mulloy director 9136 GOSHEN PARK PL GAITHERSBURG MD 20882
Vibe Ditlef De director 1880 S. DAIRY ASHFORD, SUITE 300 HOUSTON TX 77077
Kevin J Ohara director 1025 ELDORADO BLVD BROOMFIELD CO 80021
Brent Whittington director 4001 RODNEY PARHAM ROAD, LITTLE ROCK AR 72212
Keith Olsen director 1715 NORTH WESTSHORE BOULEVARD SUITE 650 TAMPA FL 33607
James H Browning director 3760 JARDIN, HOUSTON TX 77005
Lee Michael Ahlstrom officer: Senior Vice President & CFO 4703 DERBYWOOD GLEN LANE, KATY TX 77494
Egbert Carver Clarke officer: SVP Global Operations 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084
Barnett James Arden Jr officer: SVP of Government Services 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084
Benjamin Andrew Carter officer: PAO 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084
Edward Traupman officer: SVP - Products and Services 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084
Brad Eastman officer: Senior VP & General Counsel 1360 POST OAK BOULEVARD SUITE 2100 HOUSTON TX 77056
Errol James Olivier officer: SVP & Chief Operating Officer 15115 PARK ROW BLVD SUITE 300 HOUSTON TX 77084